We apply the discontinuity methodology from the accounting literature to a political economy
setting of GDP reporting and examine whether Chinese local governments manage regional …

We examine the implications of economic policy uncertainty (EPU) for financial statement
comparability. We posit that the increased difficulty of estimating future cash flows and the …

We propose and test the incentive view—that the margin call pressure and ownership-
control discrepancy associated with insider share pledging increase investors' perceived …

Whether the implementation of a national industrial policy can maintain stability in the
financial market is a question of theoretical and practical significance. Using data from …

This study develops a social network analysis to examine the influence mechanisms of
supply chain network position on stock price crash risk. With a panel of 2115 Chinese A …

Retailers constantly face the decision of whether to close existing stores and/or to open new
ones. Closing a store may reduce a retailer's costs, while opening a new store may increase …

This article analyses the relationship between the volatility and sensitivity measures
determined based on accounting profitability ratios and those calculated based on rates of …

The main purpose of this study was to explore the relationship between market and
accounting measures of risk and the profitability of companies listed on the Frankfurt Stock …

In fixed income markets, volatility is unspanned if volatility risk cannot be hedged with bonds.
We first show that all affine term structure models with state space ℝ+ M× ℝ N− M can be drift …

This paper provides a quantitative review of the literature on the repercussions of
idiosyncratic information on firms' cost of equity (CoE) capital. In total, I review the results of …